FTSE 100 Live: City stocks rally after tech sell-off; Iran threatens ‘forceful response’ over Strait of Hormuz
UK nationals warned against travelling to Iraq and Iran January 4, 2020 The UK has warned its nationals to avoid travelling to Iraq or Iran in the wake of the US airstrike which killed Iranian general Qassem Soleimani on Friday. Soleimani, widely considered the second in command to Iran’s Supreme Leader Ayatollah Khamenei and the architect of the Islamic Republic’s regional policy, was assassinated at Baghdad airport in [...]
World leaders call for restraint as Iran promises revenge for killing January 3, 2020 World leaders have urged calm amid simmering tensions after the US confirmed it was responsible for an air strike which killed top Iranian general Qasem Soleimani in Baghdad. Iran’s Supreme Leader, the Ayatollah Khamenei, said that harsh revenge awaited the “criminals” who killed Soleimani. Read more: European stocks falter after US kills top Iranian general [...]
US says threat of ‘imminent attack’ triggered air strikes against Iran January 3, 2020 US secretary of state Mike Pompeo has claimed that the assassination of Iranian general Qassem Soleimani was carried out to prevent an “imminent attack” that would have endangered US citizens in the region. Speaking to CNN and Fox News, Pompeo said that the attack was based on an “intelligence based assessment”, but refused to say [...]
National living wage set to rise over six per cent in 2020 December 31, 2019 Almost three million workers are set to receive a 6.2 per cent pay rise from April, after the government announced plans to raise the national living wage. The raise, which the government says will be “the biggest cash increase ever”, comes as prime minister Boris Johnson seeks yo shore up support from the working class [...]
Tesla delivers first electric cars made in China December 30, 2019 Electric car firm Tesla has delivered its first vehicles made in China as its billionaire founder Elon Musk targets a bigger share of the country’s car market. Fifteen Model 3 cars were handed over to employees at the firm’s Gigafactory near Shanghai, meaning deliveries have started just over a year after construction of the factory [...]
Mark Carney warns financial sector over climate change December 30, 2019 Bank of England governor Mark Carney has warned that the financial sector must stop investing in fossil fuels faster in order to avoid irreversible global warming. Carney, who will step down from his central bank role next year, said pension fund analysis showed that “if you add up the policies of all of companies out [...]
Donald Trump impeachment trial: Republicans have not ruled out witnesses December 23, 2019 Mitch McConnell, the US Republican Senate majority leader, has said his party has not ruled out hearing witnesses in the impeachment trial of President Donald Trump. However, he added that he would not agree to the Democrats’ request that the Senate agree ahead of time to take testimony during the trial. Read more: Space Force: [...]
Four London infrastructure projects that unravelled in 2019 December 23, 2019 Boris Johnson “loves infrastructure”. At least, that’s what the Prime Minister said when he was asked about the High Speed Two rail project on the campaign trail earlier this month. And it is just as well. Because some of London’s biggest infrastructure problems are creaking at the seams. If the PM were not so keen on [...]
Donald Trump invites Boris Johnson to White House December 22, 2019 US president Donald Trump has reportedly invited prime minister Boris Johnson to visit him in the White House in the new year. The Sunday Times reported that Trump’s invitation to Johnson was made after the British prime minister’s recent election win. Read more: European stocks rally as Boris Johnson’s Brexit deal is approved Formal discussions [...]
Space Force: Donald Trump unveils new US military service December 21, 2019 Donald Trump has officially signed off funding for a US Space Force. It is the first new military service to be implemented in 70 years and was unveiled on Friday after the President signed the $738bn (£567bn) annual US military budget. It will fall under the US Air Force domain and will receive an initial [...]